hiBERO as an Omni-LP

The Problem: Impermanent Loss Liquidity providers (LPs) in DeFi often face “impermanent loss”—a risk where they lose value when token prices shift. Solidly tackled this with its veSOLID system, and Beradrome’s hiBERO takes it further. Let’s break it down. How Solidly Did It • veSOLID Basics: In Solidly, LPs deposit tokens into pools and earn swap fees from trading. Instead of keeping those fees, they trade them for SOLID rewards. Meanwhile, veSOLID holders (who lock SOLID for 4 years) vote on pools and collect those swap fees. • Flexible Power: veSOLID acts like a multi-purpose LP token. Depending on how holders vote, it can represent different pools at once—making it an “omni-LP” that switches between pools without the usual losses. • The Catch: veSOLID locks your tokens for 4 years, tying you to its long-term ups and downs. Beradrome’s Upgrade with hiBERO Beradrome builds on Solidly’s idea to create a better “omni-LP” with hiBERO—one that avoids impermanent loss and fixes those limits. To make it work, hiBERO needs four key features:

1. A Safety Net (Floor Value): hiBERO has a guaranteed minimum price (1 HONEY, thanks to the bonding curve). This protects users from big losses, so they can weigh risks by comparing the market price to this floor.

2. Easy to Use (Liquidity): Unlike veSOLID’s long lockup, hiBERO unlocks in just 1 week and has plenty of liquidity for trading BERO.

3. Smart Money Use (Capital Efficiency): You can borrow HONEY against hiBERO with no risk or interest, making your tokens work harder without worry.

4. Works Everywhere (Omni-LP): While veSOLID only works with Solidly’s pools, hiBERO supports all kinds of trading platforms (AMMs) on Berachain. It adapts to new tech and keeps liquidity competitive. How Beradrome Pulls It Off Beradrome’s plan—especially the bonding curve—makes this happen: • The bonding curve lets you add BERO liquidity from just one side, skipping impermanent loss. • Together, these features turn hiBERO into a super flexible, risk-free “omni-LP” that works across multiple systems.